Taxes in Westminster, Colorado
Complete tax guide for Westminster, CO. State income tax up to 4.4%, 0.51% property tax, 5.35% sales tax. Calculate your total tax burden.
State Income Tax
4.4%
Colorado
Property Tax
0.51%
Effective rate
Sales Tax
5.35%
Combined rate
Tax Burden
Low
Westminster, CO Tax Overview
Population
116,317
Median Income
$72,000
Cost of Living
103.8 (100 = avg)
State Income Tax
4.4%
Median Home Price
$445,000
Westminster Tax Calculator
Pre-filled with Westminster median: $72,000
Total Tax Burden in Westminster
$16,130
Take-Home: $55,870 · Effective Rate: 22.40%
Federal Tax
$7,454
10.35% eff.
CO State
$3,168
4.40% eff.
FICA
$5,508
7.65% eff.
Take-Home
$55,870
77.60% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $72,000.00 | $6,000.00 |
| Federal Income Tax | -$7,454.00 | -$621.17 |
| Colorado State Tax | -$3,168.00 | -$264.00 |
| Social Security (6.2%) | -$4,464.00 | -$372.00 |
| Medicare (1.45%) | -$1,044.00 | -$87.00 |
| Take-Home Pay | $55,870.00 | $4,655.83 |
Property Tax in Westminster
Median Home
$445,000
Annual Tax
$2,270
Monthly Tax
$189
Effective Rate
0.51%
Sales Tax in Westminster
Combined Rate
5.35%
State Portion
~2.8%
Local Portion
~2.5%
The combined sales tax rate in Westminster is 5.35%, which is below the national average of 7.12%. On a $100 purchase, you would pay $5.35 in sales tax.
Tax Burden Comparison
| Tax Type | Westminster | Colorado Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.4% | 4.4% | 4.6% |
| Property Tax | 0.51% | ~0.51% | 1.1% |
| Sales Tax | 5.35% | ~5.35% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Westminster Residents
- Colorado's income tax rate of 4.4% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Property tax in Westminster (0.51%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
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HighCalculate Your Full Colorado Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Westminster, CO?
Westminster, Colorado has a state income tax rate up to 4.4%. The property tax rate is 0.51% and the combined sales tax rate is 5.35%.
How much is property tax in Westminster?
The effective property tax rate in Westminster is 0.51%. On the median home price of $445,000, this equals approximately $2,270 per year or $189 per month. This is below the national average of 1.1%.
What is the sales tax rate in Westminster?
The combined sales tax rate in Westminster is 5.35%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Westminster's tax burden compare to other cities?
Westminster has a low overall tax burden. The effective total tax rate for a median-income household is approximately 24.3%. The combination of 4.4% state income tax, 0.51% property tax, and 5.35% sales tax determines the total burden. Cost of living index is 103.8 (100 = national average).
Are there any local taxes in Westminster?
Westminster does not impose a separate local or city income tax. Residents pay the state income tax of 4.4%, federal income tax, and FICA (Social Security and Medicare).